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Alaska Air (ALK)
NYSE:ALK
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ALK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$32.62 - $67.73
Previous Close$67.6
Volume1.03M
Average Volume (3M)2.50M
Market Cap
$8.56B
Enterprise Value$6.06B
Total Cash (Recent Filing)$2.50B
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)27.2
Beta0.78
Next Earnings
Jan 23, 2025EPS Estimate
$0.44Last Dividend Ex-Date
Feb 14, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)2.49
Shares Outstanding126,944,559
10 Day Avg. Volume3,750,292
30 Day Avg. Volume2,500,369
Standard Deviation0.13
R-Squared0.42
Alpha-0.02
Financial Highlights & Ratios
PEG Ratio1.08
Price to Book (P/B)0.00
Price to Sales (P/S)0.80
Price to Cash Flow (P/CF)6.70
P/FCF Ratio40.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.53
Enterprise Value/Gross Profit0.80
Enterprise Value/Ebitda5.95
Forecast
1Y Price Target
$74.50Price Target Upside10.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Alaska Air News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement announced a $1 billion repurchase program, signaling strong confidence in the company's future.
Operational EfficiencyAlaska's underlying drivers are reasonably achievable, with a strong profit record in Premium and Loyalty, reflecting a stable operating model.
Strategic GrowthThe company's acquisition of an international franchise positions it to compete with legacy peers, suggesting a shift towards higher valuation and market perception.
Bears Say
Earnings ImpactThe merger is likely to be dilutive to earnings per share through 2025.
Financial PerformanceThe adjusted earnings per share estimate for 4Q24 is lowered significantly.
Operational ChallengesBoeing delivery delays and recent labor strikes have led to a reduction in expected capacity growth for Legacy ALK.
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Ownership Overview
0.37% Insiders
28.64% Mutual Funds
18.32% Other Institutional Investors
26.38% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Alaska Air
Desktop Users
Mobile Users
ALK FAQ
What was Alaska Air’s price range in the past 12 months?
Alaska Air lowest stock price was $32.62 and its highest was $67.73 in the past 12 months.
What is Alaska Air’s market cap?
Currently, no data Available
When is Alaska Air’s upcoming earnings report date?
Alaska Air’s upcoming earnings report date is Jan 23, 2025 which is in 29 days.
How were Alaska Air’s earnings last quarter?
Alaska Air released its earnings results on Oct 31, 2024. The company reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.218 by $0.032.
Is Alaska Air overvalued?
According to Wall Street analysts Alaska Air’s price is currently Undervalued.
Does Alaska Air pay dividends?
Alaska Air pays a Quarterly dividend of $0.375 which represents an annual dividend yield of N/A. See more information on Alaska Air dividends here
What is Alaska Air’s EPS estimate?
Alaska Air’s EPS estimate is $0.44.
How many shares outstanding does Alaska Air have?
Alaska Air has 126,944,560 shares outstanding.
What happened to Alaska Air’s price movement after its last earnings report?
Alaska Air reported an EPS of $2.25 in its last earnings report, beating expectations of $2.218. Following the earnings report the stock price went up 1.354%.
Which hedge fund is a major shareholder of Alaska Air?
Among the largest hedge funds holding Alaska Air’s share is PRIMECAP Management Co. It holds Alaska Air’s shares valued at 174M.
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Alaska Air Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$74.50 (10.21% Upside)
$74.50 (10.21% Upside)
Blogger Sentiment
Bullish
ALK Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 90.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 14.2%
Last 30 Days ▲ 14.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.17%
12-Months-Change
Fundamentals
Return on Equity
7.51%
Trailing 12-Months
Asset Growth
28.97%
Trailing 12-Months
Company Description
Alaska Air
Alaska Air Group, Inc. is a holding company, which through its subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc., engages in the provision of air transportation services. It operates through three segments: Alaska Mainline, Alaska Regional and Horizon. The Alaska Mainline segment includes flying Boeing 737 jets and all associated revenues and costs. The Alaska Regional segment records actual on-board passenger revenue, less costs such as fuel, distribution costs, and payments made to Horizon, SkyWest and PenAir under the respective Capacity Purchase Agreements. The Horizon segment operates turboprop Q400 aircraft. The company was founded in 1985 and is headquartered in Seattle, WA.
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ALK Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a strong financial performance with record-breaking revenue and profitability, driven by a robust premium segment and operational excellence. However, there are challenges related to moderated growth, increased labor costs, and the impact of fleet grounding affecting revenue and costs.Read More>---
ALK Stock 12 Month Forecast
Average Price Target
$74.50
▲(10.21% Upside)
Technical Analysis
Best Analysts Covering ALK
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+33.41%
reiterated a buy rating 10 days ago
Copying Stephen Trent's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +33.41% per trade.
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